Twitter's melting down again. Another project launched at peak valuation, KOLs got rekt, everyone's fighting.
Here's the thing - crypto's current mess isn't about individual projects. It's systemic. It's cyclical.
Bull markets hide everything. Fast money covers up structural rot. Bear markets expose it all. Same pattern in every system throughout history.
Watched some historical drama about Ming Dynasty economics. Hit different. Every system gets gamed. Every mechanism has an expiration date. "Solutions" aren't meant to fix problems - they're just new narratives to keep the game running.
When the economic model breaks, someone has to pay. In crypto, that someone is always retail. We're not the customers. We're the exit liquidity.
The cycle continues.
Here's the thing - crypto's current mess isn't about individual projects. It's systemic. It's cyclical.
Bull markets hide everything. Fast money covers up structural rot. Bear markets expose it all. Same pattern in every system throughout history.
Watched some historical drama about Ming Dynasty economics. Hit different. Every system gets gamed. Every mechanism has an expiration date. "Solutions" aren't meant to fix problems - they're just new narratives to keep the game running.
When the economic model breaks, someone has to pay. In crypto, that someone is always retail. We're not the customers. We're the exit liquidity.
The cycle continues.